Category: Business

Business

Food Anti-caking Agents Market | Latest Trends and Forecast by 2030

Food anti-caking agents are usually used in packaged food products including seasoning & condiments, dairy products, soups & sauces, bakery, etc. to preserve and maintain the integrity of the food by avoiding the formation of lumps in the food product. There are several types of food anti-caking agents available in the market such as calcium compounds, sodium compounds, silicon dioxide, microcrystalline cellulose, magnesium compounds, and others.

The changes in food habits and the rising adoption of a sedentary lifestyle are contributing to the increase in demand for the global food anti-caking agents market. The growing consumer preference and consumption of ready-to-eat food products are boosting the further advancement of the market. An increase in the awareness of consumers and their inclination towards quick food alternatives improved quality, as well as a realistic timeframe of usability. The progressive expansion of interest in accommodation food is positively impacting the development of this market.

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Some of the key insights about the global food anti-caking agents market are given below:

  • The global food anti-caking agents market has five key regions viz. Europe, Latin America, North America, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America region due to the variety and availability of food products in the region. Additionally, the presence of major manufacturers in the region is significantly contributing to the further growth of the market.
  • The leading players in the global market for food anti-caking agents are expected to witness strong competition in the coming years of the forecast period. Some of the leading brands in the global market include names such as Evonik Industries AG, Agropur Ingredients, PPG Industries Inc., Cabot Corporation, Brenntag AG, Univar Solutions Inc., and Solvay SA among others.

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Food Anti-caking Agents Market Detailed Analysis and Forecast by 2030

Rise in the adoption of mostly sedentary lifestyle and increasing consumer awareness regarding the quality of packaged food products are key factors influencing the growth in global food anti-caking agents market. Growing instances of acute and chronic diseases caused by this growingly sedentary lifestyle is anticipated to propel the need of clean label food products. This trend is also expected to boost the demand in global food anti-caking agents market. Rising consumer awareness regarding the benefits of healthy packaged and ready-to-eat food products is also expected to drive the global food anti-caking agents market in coming years. Manufacturers are focused on introducing new products with higher nutritional value, thereby expanding the range of product offerings for health conscious customers. This trend is also expected to affect global food anti-caking agents market positively in near future.

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North America Region Anticipated to Lead Food anti-caking agents market in Coming Years

Food anti-caking agents market provides additive agents that prevent packaged food products from forming any unwanted lumps. This process elongates the shelf life of the packaged food products and makes it easier to pack, transport, and consume them. Some of the most commonly used agents in food anti-caking agents market include calcium silicate, tricalcium phosphate, magnesium stearate, and sodium bicarbonate. Applications of products in food anti-caking agents market include utilization in the production of fertilizers, road salts, synthetic detergents, animal feed, and cosmetics.

North America is anticipated to drive the demand in food anti-caking agents market owing to the availability of massive range of packaged food products, presence of major vendors in the regions, and rapidly increasing consumption of packaged food products in the region. Inclination towards consuming western food products, increasing technological advancements in dairy and milk products industry, and rising consumer awareness regarding the benefits of packaged and ready-to-eat food products are anticipated to result in increased demand in Asia Pacific food anti-caking agents market.

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Some of the key players in food anti-caking agents market include Agropur industries, Solvay SA, Brenntag AG, Evonik Industries AG, Cabot Corporation, Univar Solutions Inc., and PPG Industries.

Crop Protection Chemicals Market Detailed Analysis and Forecast by 2030

Chemicals that enhance crop yield by protecting the crops from weeds and other harmful crop diseases. The crop protection chemicals include insecticides, herbicides, and fungicides that are used in the agricultural sector to prevent the growth of unwanted mites, weeds, pathogenic fungi, insects, etc. These chemicals are utilized in farming operations for several applications like foliar sprays, refineries, improving production, treatment of seeds and soil, etc. to ensure sufficient food availability for the increasing global population.

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Investments in sustainable chemicals to inhibit soil pollution are providing a secure solution for enabling the production of crops while maintaining food safety and security standards. These new and improved techniques are catering to the increasing awareness regarding food safety and security, which is contributing to the advancement of the global crop protection market. However, residual problems and excessive utilization of pesticides are hampering the further development of this market.

Some of the key insights about the global crop protection chemicals market are given below:

  • The global crop protection chemicals market has five key regions viz. Europe, Latin America, North America, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America and Asia Pacific region owing to the technological advancements that are increasing the crop yields, as well as the growing cognizance regarding food security.

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  • The leading players in the global market for crop protection chemicals are expected to witness substantial progress due to the focus on strategical development of innovative crop protection products in the coming years of the forecast period. Some of the leading brands in the global market include names such as UPL Limited, BASF SE, PI Industries, Dow Chemical Corporation, Bayer CropScience Corporation, Cheminova, Bioworks Incoporation, Rotam Cropsciences Limited, Arysta Lifesciences Corporation, Nufarm Limited, Hansen, FMC Corporation, Sumitomo Chemical Corporation, Corteva, and Syngenta AG among others.

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Commodity Plastics Market in 2021 | Detailed Analysis Report

With the surfacing of e-commerce sector all across the globe, the packaging industry is experiencing promising expansion avenues. This scenario is working in favor of the global commodity plastics market. Moving forward, the changing lifestyle of major consumers, increased trend of using packaging techniques for essential products such as food, pharmaceutical, and hygiene products industry is driving the market for commodity plastics globally. Apart from this, an extensive rise in the worldwide population is expected to help in the rapid growth of the global commodity plastics market in the years to come.

Commodity plastics refer to plastics used in various applications including food containers, packaging, and household products. Polypropylene, polystyrene, and polyethylene are some of the examples of commodity plastics. While the product is gaining popularity owing to its low price, it shows weak mechanical properties than engineering plastics.

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Over the period of past few years, many developing economies such as India and China are experiencing swift pace of urbanization and industrialization. This scenario has resulted into increased need for packaging in various industries including transportation, beverages, and food industry. Owing to this factor, the global commodity plastics market is estimated to grow at promising pace in the years ahead.

Rising Number of COVID-19 Patients Boosts Commodity Plastics Market Sales

With the increasing cases of COVID-19 patients in all worldwide locations, various industries such as automotive, electronics, and textile are experiencing downward graph of sales. While this scenario is likely to negatively impact on the growth of commodity plastics market, it is expected to gain lucrative avenues owing to thriving medical and pharmaceutical sector from all across the globe.

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Major players in the commodity plastics market are growing interest in expanding their businesses. Thus, they are engaging into mergers and acquisition activities. Moving forward, many enterprises in the market are increasing investments toward research activities in order to improve the product quality. On the back of all these activities, the global commodity plastics market is likely to experience decent growth rate in the forthcoming years.

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